Is Six Mile Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Six Mile Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Six Mile Township was a Seller's Market.

Key Takeaway

Six Mile Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Six Mile Township, IL

How much do homes in Six Mile Township, IL cost?

Median Sold Price

$68,500

$56/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$15,500(-18.5%)

Key Takeaway

Homes in Six Mile Township have sold for 18.5% less than they did a year ago.

Summary: The median home sold price in Six Mile Township was $68,500 in November 2024, down 18.5% from last year, and the median price per square foot was $56.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$43K
N/A
2 $62K$66K
+6.5%
3 $85.8K$79.5K
-7.4%
4 $99K$174K
+75.8%
5+ -$250K
N/A

Summary: Six Mile Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.5%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 75.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Denning Township
-7.0%
Six Mile Township
-18.5%

Housing Supply in Six Mile Township, IL

How many homes are available in Six Mile Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
129-25.0%

Summary: The Six Mile Township real estate market had 9 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 44
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Six Mile Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Six Mile Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Six Mile Township in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Six Mile Township, IL

How long does it take to sell a home in Six Mile Township, IL?

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days85 Days+486.2%

Summary: Homes in Six Mile Township had an average of 85 days on market in Nov 2024, up by 486.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Six Mile Township has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Six Mile Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Six Mile Township, IL

Nearby Markets to Six Mile Township, IL

What housing markets are near Six Mile Township, IL?